Company Valuation: H&R Real Estate Investment Trust

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 4,687 3,220 2,592 2,432 2,686 2,963 -
Change - -31.3% -19.48% -6.21% 10.47% 10.32% -
Enterprise Value (EV) 1 4,687 7,283 6,393 6,035 2,686 6,283 6,260
Change - 55.39% -12.22% -5.6% -55.49% 133.92% -0.36%
P/E 7.82x 4.19x 45.2x -21.7x -3.62x 17x 11.9x
PBR - - - - - - -
PEG - 0.1x -0.5x 0x -0x -0x 0.3x
Capitalization / Revenue 4x 3.34x 2.6x 2.5x 2.74x 3.97x 3.94x
EV / Revenue 4x 7.55x 6.41x 6.2x 2.74x 8.41x 8.33x
EV / EBITDA 7.4x 12.1x 10.2x 9.91x 4.33x 14.5x 15.4x
EV / EBIT - - - - - - -
EV / FCF 11.6x - 25.2x 25.7x - -13.2x 216x
FCF Yield 8.64% - 3.96% 3.89% - -7.58% 0.46%
Dividend per Share 2 0.69 0.54 0.7 0.6 0.6 0.5975 0.5975
Rate of return 4.25% 4.46% 7.07% 6.47% 5.87% 5.33% 5.33%
EPS 2 2.078 2.893 0.2189 -0.4277 -2.827 0.66 0.94
Distribution rate 33.2% 18.7% 320% -140% -21.2% 90.5% 63.6%
Net sales 1 1,172 965 997.8 973.4 980.5 746.7 751.9
EBITDA 1 633.6 601.7 627 608.8 620.2 434.5 406.7
EBIT - - - - - - -
Net income 1 597.9 844.8 61.69 -119.7 -791.6 171.3 263.5
Net Debt 1 - 4,063 3,801 3,604 - 3,320 3,297
Reference price 2 16.25 12.11 9.90 9.28 10.23 11.20 11.20
Nbr of stocks (in thousands) 288,440 265,885 261,868 262,016 262,566 264,567 -
Announcement Date 2/14/22 2/13/23 2/13/24 2/12/25 2/12/26 - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.97x8.41x14.46x5.33% 2.09B
24.28x13.28x15.59x5.24% 15.89B
23.9x14.45x15.92x4.1% 6.74B
8.59x13.6x17.65x6.44% 6.49B
14.18x14.58x15.56x5.12% 6.39B
9.93x17.08x20.65x7.76% 6.17B
10.66x14.78x15.86x6.89% 5.9B
8.56x13.68x17.63x5.9% 5.71B
11.57x11.2x12.76x5.63% 4.68B
Average 14.29x 13.45x 16.23x 5.82% 6.67B
Weighted average by Cap. 15.92x 13.83x 16.33x 5.74%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. HR.UN Stock
  4. Valuation H&R Real Estate Investment Trust